The second phase
On Monday, May 29, at 13:05 GMT the second phase of the sale of the token sale for Aeternity will begin.
In the second token phase of three weeks, the Aeternity project plans to take 21 million Swiss francs (about $ 21.6 million) for the project via its crowdsale.
However, if the financial goal is achieved before that, then the project team will announce the early completion of the sale.
During the token sale Aeternity (AE) will be distributed as follows:
Week 1: 1 ETH = 750 tokens ETH = AE + 50 bonus tokens (for the first 24 hours);
Week 2: 1 ETH = 700 tokens AE;
Week 3: 1 ETH = 650 tokens AE.
Purchase of the Aeternity tokens will be via Bitcoin and Ethereum. Those wishing to purchase tokens for AE via fiat currency will have to contact the project partner Aeternity - now Bitcoin Suisse.
As for the US citizens, due to regulatory uncertainty, they will not be able to take part in the crowdsale.
"We will continue to work hard over the implementation of the project Aeternity mission, during, and after the completion of the second phase of the crowdsale" , - said the CEO of the project Yanislav Malakhov.
Running the main project network is scheduled for the first quarter of 2018. The Aeternity project is designed to address the challenges of scaling smart contracts.
A fundamentally new blockchain will be created by the project which will be different from Augur and Ethereum with the possibility of making an unlimited number of transactions within a Turing-complete language.
This will indeed be an interesting platform to monitor despite the rather tricky name to pronounce!